SIX SIGMA The failure rate of a production company is 2 ppm. Is this company 6-sigma compliant? Explain why or why not. You should assume: 6-sigma with 1.5-sigma drift is the standard being used
SIX SIGMA
The failure rate of a production company is 2 ppm. Is this company 6-sigma compliant? Explain why or why not.
You should assume: 6-sigma with 1.5-sigma drift is the standard being used
Homework Answers
usually when we consider 6 sigma compliant then failure rate is approx. 2 ppb.
but considering the environment conditions the mean can also shift .
so we assume 1.5 sigma shift in mean .
so effective variarion is 4.5 sigma .
calculating assuming normal distribution our failure rate will be 3.4 ppm
thus to achieve lower failure rate we have to move to 7 sigma on 1.5 sigma deviation.
so our failure rate is not 6 sigma on 1.5 sigma shift compliant
now in the problem failure rate is lesser than 3.4 ppm
Add Answer to:
SIX SIGMA The failure rate of a production company is 2 ppm. Is this company 6-sigma compliant? Explain why or why not. You should assume: 6-sigma with 1.5-sigma drift is the standard being used
Can you please explain why it favorable and unfavorable. thank you. P 9-A Variance Analysis (In...
Can
you please explain why it favorable and unfavorable. thank
you.
P 9-A Variance Analysis (In Class) Pear Company is a manufacturing firm that specializes in the production of a single product. Overhead is applied based on direct labor hours. Standard Cost Card (budget for one unit) The standard cost card shows the manager what the final manufactured cost should be for the company's product. Standard Standard Quantity Price Standard or Hours or Rate Cost Direct Materials 3.5 feet х...
Your company has to obtain some new production equipment to be used for the next ten years, and leasing is being considered. You have been directed to perform an after-tax study of the leasing approa...
Your company has to obtain some new production equipment to be used for the next ten years, and leasing is being considered. You have been directed to perform an after-tax study of the leasing approach. The data information for the study is as follows: Lease cost: First year, S70,000; second year, S60,000; third through ten years, S50,000 per year. Assume that a 10-year contract has been offered by the lessor that fixes these costs over the 10- year period. Other...
Which of the six risks should be considered a significant risk? Explain why they represent a...
Which of the six risks should be considered a significant risk? Explain why they represent a significant risk. For each risk that you identified as a significant risk, describe how you might address the risk to give it special audit consideration. For example, a valuation risk might be addressed by engaging a valuation specialist. Begin by determining which of the six risks should be considered a significant risk. Then, for each risk that has been identified as a significant risk,...
The roofing company manufactures shingles. Standard Cost Sheet per shingle 1.5 pounds $0.07 per pound direct labor Direct materials Asphalt 0.01 hour $11 per hour Direct labor Variable direct la...
The roofing company manufactures shingles. Standard Cost Sheet per shingle 1.5 pounds $0.07 per pound direct labor Direct materials Asphalt 0.01 hour $11 per hour Direct labor Variable direct labor Manufacturing $2 per hour 0.01 hour overhead Fixed direct labor Manufacturing 0.01 hour $10 per hour overhead Total standard cost per shingle $60,000 600,000 Units 6000 direct labor hours Budgeted fixed manufacturing overhead for the period is Budgeted units to be produced Standard fixed manufacturing overhead based on expected capacity...
You need to determine an interest rate to use—select an interest rate and explain why you...
You need to determine an interest rate to use—select an interest rate and explain why you think this number should be used. Use it in your calculations in item 1.2. Given the information below on options 1 and 2: Carry out three forms of analysis: breakeven, ROI, and NPV. Make a recommendation on which way to proceed, based on the TCO for each option. Option 1: Purchase the FunSoft package: Cost $200,000 for software and $85,000 for hardware in year one;...
6. You are given a mixture of proteins that you analyze by standard 2-D electrophoresis, with...
6. You are given a mixture of proteins that you analyze by standard 2-D electrophoresis, with the following results for isoelectric points and apparent molecular weights: protein A (Mr 110,400; pl 4.60), protein B (Mr 10,100; pl 6.93), protein C (Mr 65,200; pI 7.84), and protein D (M 25,000; pI 8.15) a. After the 2-D separation, which protein will be in the upper left quadrant of the gel. given that e cathode-proximal end of the isoelectric focusing gel was on...
Please answer ALL OF these questions or dont even attenpt it, thanks. 2-5 Explain the four-step...
Please answer ALL OF these questions or dont even attenpt it,
thanks.
2-5 Explain the four-step process used to compute a predetermined overhead rate. 2-6 What is the purpose of the job cost sheet in a job-order costing system? 2-7 Explain why some production costs must be assigned to products through an allocation process. 2-8 Why do companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs? 2-9 What factors should be considered in...
Could you explain how to solve required 1-3? Mickley Corporation produces two products, Alphabs and Zeta7s,...
Could you explain how to solve required 1-3?
Mickley Corporation produces two products, Alphabs and Zeta7s, which pass through two operations, Sintering and Finishing. Each of the products uses two raw materials-X442 and Y661. The company uses a standard cost system, with the following standards for each product (on a per unit basis): X442 Product Alpha 6 Zeta7 Raw Material Y661 1.5 kilos 2.5 liters 3.5 kilos 3.5 liters Standard Labor Time Sintering Finishing 0.20 hours 0.90 hours 0.35 hours...
(MARKETING QUESTIONS) please give a full complete answer to each of the following questions. will rate, thank you 1) Why should a firm be aware of its competitor's distinctive competencies 2) What...
(MARKETING QUESTIONS) please give a full complete answer to each of the following questions. will rate, thank you 1) Why should a firm be aware of its competitor's distinctive competencies 2) What is a market segment? Explain how an automaker might appeal to different market segments. 3)Discuss how the principles of marketing can be applied to people. 4)PaperBackSwap.com needs to conduct a SWOT analysis. Explain the purpose and elements of a SWOT analysis. Which are internal to the company and...
STANDARD COSTING, PLANNED VARIANCES Bytown Container Company manufactures a plastic container. The following standards have been...
STANDARD COSTING, PLANNED VARIANCES Bytown Container Company manufactures a plastic container. The following standards have been established for the container's materials and labour inputs: Standard Standard Price Standard Quantity (rate in $) Cost ($) Direct materials 0.5 kg 1 0.50 Direct labour 0.1 hr. 10 1.00 During the first week of July, the company had the following results: Units produced 40,000 Actual labour costs $42,000 Actual labour hours 4,100 Materials purchased and used 19,500 kg @ $1.05 per kg Other information: The purchasing agent located a new source of slightly higher quality plastic, and...
Can
you please explain why it favorable and unfavorable. thank
you.
P 9-A Variance Analysis (In Class) Pear Company is a manufacturing firm that specializes in the production of a single product. Overhead is applied based on direct labor hours. Standard Cost Card (budget for one unit) The standard cost card shows the manager what the final manufactured cost should be for the company's product. Standard Standard Quantity Price Standard or Hours or Rate Cost Direct Materials 3.5 feet х...
Your company has to obtain some new production equipment to be used for the next ten years, and leasing is being considered. You have been directed to perform an after-tax study of the leasing approach. The data information for the study is as follows: Lease cost: First year, S70,000; second year, S60,000; third through ten years, S50,000 per year. Assume that a 10-year contract has been offered by the lessor that fixes these costs over the 10- year period. Other...
The roofing company manufactures shingles. Standard Cost Sheet per shingle 1.5 pounds $0.07 per pound direct labor Direct materials Asphalt 0.01 hour $11 per hour Direct labor Variable direct labor Manufacturing $2 per hour 0.01 hour overhead Fixed direct labor Manufacturing 0.01 hour $10 per hour overhead Total standard cost per shingle $60,000 600,000 Units 6000 direct labor hours Budgeted fixed manufacturing overhead for the period is Budgeted units to be produced Standard fixed manufacturing overhead based on expected capacity...
6. You are given a mixture of proteins that you analyze by standard 2-D electrophoresis, with the following results for isoelectric points and apparent molecular weights: protein A (Mr 110,400; pl 4.60), protein B (Mr 10,100; pl 6.93), protein C (Mr 65,200; pI 7.84), and protein D (M 25,000; pI 8.15) a. After the 2-D separation, which protein will be in the upper left quadrant of the gel. given that e cathode-proximal end of the isoelectric focusing gel was on...
Please answer ALL OF these questions or dont even attenpt it,
thanks.
2-5 Explain the four-step process used to compute a predetermined overhead rate. 2-6 What is the purpose of the job cost sheet in a job-order costing system? 2-7 Explain why some production costs must be assigned to products through an allocation process. 2-8 Why do companies use predetermined overhead rates rather than actual manufacturing overhead costs to apply overhead to jobs? 2-9 What factors should be considered in...
Could you explain how to solve required 1-3?
Mickley Corporation produces two products, Alphabs and Zeta7s, which pass through two operations, Sintering and Finishing. Each of the products uses two raw materials-X442 and Y661. The company uses a standard cost system, with the following standards for each product (on a per unit basis): X442 Product Alpha 6 Zeta7 Raw Material Y661 1.5 kilos 2.5 liters 3.5 kilos 3.5 liters Standard Labor Time Sintering Finishing 0.20 hours 0.90 hours 0.35 hours...
Most questions answered within 3 hours.
-
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 52 minutes ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 1 hour ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 1 hour ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 1 hour ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 1 hour ago -
Why are polymers not typically casted into products?
asked 1 hour ago -
When rolling a die 129 times, what is the probability of rolling
a 6 no more...
asked 1 hour ago -
4. A call option currently sells for $7.75. It has a strike
price of $85 and...
asked 1 hour ago -
1.
You need to prepare 10.0 liters of an acid aqueous solution with a
pH of...
asked 1 hour ago -
Along an aggregate supply curve, if the level of output is less
than the natural level...
asked 1 hour ago -
By 2025, annual consumption in emerging markets will total $30
trillion and contribute more than ________...
asked 1 hour ago -
At what point does reformation cease to be a viable option for
those who are oppressed...
asked 1 hour ago